Susan Turcotte
- Entity taxation
- Corporate tax strategies
- Deduction optimization
- Bachelors in Accounting, Bryant College in Smithfield RI
- Masters in taxation, Bryant College in Smithfield RI
Articles
Form 8949: How to report capital gains and losses on your 2026 US tax return
Form 8949 is the IRS form used to report sales and other dispositions of capital assets – stocks, bonds, cryptocurrency, real estate, and foreign investments. For tax year 2025 (filed in 2026), many taxpayers who sold an investment will need Form 8949, but some transactions can be reported directly on Schedule D or on a separate s...
Working abroad for a US company (2025–2026 tax guide)
A US citizen working remotely abroad for a US company remains subject to US federal income tax on worldwide income under IRC Section 61, regardless of where the work is performed. A non-US citizen who performs all services outside the United States owes no US income tax on that compensation. Two sets of rules apply, and the routing sect...
IRS Form 8843: complete filing guide for international students
If you spent any part of 2025 in the United States on an F, J, M, or Q visa and are claiming excluded days under the substantial presence test, Form 8843 is the IRS form you use, even if you had no income. This Form 8843 guide is written for the people who actually file the form: international students, J-1 scholars, M-1 vocational stud...
What to do after getting a letter from the IRS: A guide for US expats
Receiving a letter from the IRS while living abroad triggers immediate anxiety, but in most cases, the response process is straightforward. This guide covers which notice type you received, your actual response deadline as an overseas taxpayer, how to reply from abroad, and when to escalate to a professional. Before you do anything else...
FDAP income: What nonresident aliens and US expats need to know
FDAP income (Fixed, Determinable, Annual, or Periodical income) is a category of US-source income that the IRS taxes at a flat 30% rate when paid to nonresident aliens and foreign entities. FDAP covers interest, dividends, rents, royalties, and compensation from US sources. ...
K-1 vs 1099: what's the difference for US expats?
A Form 1099 reports payments or investment income paid directly to you – contractor fees, dividends, or interest. A Schedule K-1 reports your allocated share of income, deductions, or credi...